Organization of audits in non-governmental non-commercial organizations

d) Execute Tests: Once all materials are prepared, auditors can then begin fieldwork where they will perform various procedures in order to obtain sufficient evidence which supports their findings in accordance with applicable laws/standards - Including observations if needed on specific transactional processes (internal control environment), interviews with management/key staff, asset inspection(s) etcetera

• d) Execute Tests: Once all materials are prepared, auditors can then begin fieldwork where they will perform various procedures in order to obtain sufficient evidence which supports their findings in accordance with applicable laws/standards - Including observations if needed on specific transactional processes (internal control environment), interviews with management/key staff, asset inspection(s) etcetera

e) Evaluate Results: During this stage experts must evaluate whether identified exceptions represent true opportunities for improvement or decline in performance within areas under examination - Documenting findings found throughout testing process so that there is evidence base for further discussion when consulting client prior to issuing final report (Tip: Journalling results from audit procedures helps in streamlining fact gathering process)

• e) Evaluate Results: During this stage experts must evaluate whether identified exceptions represent true opportunities for improvement or decline in performance within areas under examination - Documenting findings found throughout testing process so that there is evidence base for further discussion when consulting client prior to issuing final report (Tip: Journalling results from audit procedures helps in streamlining fact gathering process)

f) Communicate Observations & Propose Action Plans: Once results have been analyzed its time for discussion with members involved within entity alongside summarizing conclusions reached throughout exercise before formulating recommendations appropriate for specific situation at hand; encourages "client ownershipp" on controls being suggested as well potential suggestions from key stakeholders

• f) Communicate Observations & Propose Action Plans: Once results have been analyzed its time for discussion with members involved within entity alongside summarizing conclusions reached throughout exercise before formulating recommendations appropriate for specific situation at hand; encourages "client ownershipp" on controls being suggested as well potential suggestions from key stakeholders